News Brief
News Brief
Fraud on Vacant Lands Webinar
Karla Staker is Senior Vice President and State Underwriting Counsel with FNF Florida Agency in Maitland,
Florida. Except for a brief stint in private practice, Karla has been an underwriter with the FNF family of
underwriters since 1986.
hosted by Karla Staker, Esq., SVP/State Underwriting Counsel
Smart Building and Smarter Protocols: Mitigating IoT Cybersecurity Risks in Commercial Real Estate
From our homes to our workplaces, the deployment of smart technology is becoming increasingly prevalent. The Wall Street Journal notes that smart-building-related companies raised $2.88 billion in venture capital in 2021.
by James W. McPhillips and S. Michelle Ki,
To read the article in full, click here
CONSTRUCTION equipment scheme from 2017 is resurfacing
On November 29, 2021, an 87-year-old buyer from Pittsburgh,
sent a wire transfer in the amount of $342,838.03 to purchase
a home in a retirement community in Arizona.
By Lisa A. Tyler, National Escrow Administrator
Google, others adding office space in anticipation of the great return
In an about-face from early in the pandemic, companies are buying and leasing more office space in anticipation of workers returning to their desks — at least on some days. But these spaces could look dramatically different than the pre-pandemic office.
By: Lucas Mearian, May 9, 2022
To read the article in full, click here
How to guard against losing your assets to wire fraud: A growing cybersecurity threat
Financial institutions continue to battle cyberattacks, particularly hackers who tap into the fiscal electronic freeway used to move large sums of money for real estate deal closings and other large-price-tag transactions.
By: Gary Quackenbush, April 27, 2022
To read the article in full, click here
Commercial real estate market expected to grow despite rising interest rates
While rising interest rates are posing a risk to economic growth, Lawrence Yun, chief economist for the National Association of Realtors, expects the commercial market to perform well despite the headwinds, especially in the short term.
By: CBJ News Staff, May 11, 2022
To read the article in full, click here
Buying a home? Here's how much rising mortgage rates will add to the cost.
In April, average interest rates on a standard 30-year fixed mortgage were nearly 2 percentage points higher than a year ago, according to real estate data firm CoreLogic. Including monthly principal and interest, a median-priced home around the U.S. was 50% pricier than in April of 2021.
By: Khristopher J. Brookd, May4, 2022
To read the article in full, click here
More Home Seekers Look to Relocate to Save Money
Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a different area.
By: Kyle G. Horst, May 4, 2022
To read the article in full, click here